Is there a best time of year to sell your home?

Many of us eagerly await longer daylight hours and warmer temperatures after a long, cold winter. But did you know that the spring and summer months are actually the best times of the year to sell your home? Let’s take a closer look at why this is the case and how you might benefit from securing a springtime sale on your property.
Is April an ideal month to sell property?

Property market research, which considers a range of factors such as buyer demand, time on market and rates of competition, has shown that mid-April is an excellent time to put property onto the market.

There are a few reasons for this, including seeing slightly higher median house prices. Even a couple of percentage points of difference can add thousands onto the price a property ultimately sells for, so it’s worth looking at the historical data if price is the most important factor for you.

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Many potential buyers who are actively looking at properties in the month of April are eager to move into their new property in time for the summer season, particularly if they are looking for properties with outside patios, decks and gardens.

It’s not spring. Can I still sell?

There are numerous factors that inform the strength of the home buyer market, including things like the overall cost of living and mortgage rates. So, it is important not to completely discount testing the property market at other times of the year as well. In fact, this Express article names February as the best month to sell if you’re looking to find a buyer quickly, with most properties listed in February finding a buyer within around 50 days.

How can I maximise my chances of selling my property?

Having a reputable team of conveyancing solicitors on your side is essential when buying or selling a property. Conveyancing solicitors handle everything from your initial point of contact right through until completion and are therefore well equipped to handle any challenges that appear throughout the process. You can find out more information about the conveyancing process here: https://www.samconveyancing.co.uk/Conveyancing-Solicitors.

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There are both advantages and disadvantages to putting property on the market at a time when many other sellers are doing the same, so it is generally a good idea to let your unique circumstances inform your decision. Although demand for properties tends to increase in the spring, this doesn’t mean that your property won’t sell if it hits the market a little earlier or later. Don’t forget that estate agents and conveyancing teams are there to provide their expert advice and guidance, so you should never feel as though you’re in the process alone.

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